Stran & Company (SWAG) Director Alan Chippindale Receives Award

What Happened Alan Chippindale, a director of Stran & Company, Inc. (SWAG), was granted 6,032 shares on August 13, 2026. The Form 4 reports the acquisition as an award/grant (transaction code A) at a reported price of $0.00 (total reported value $0). This is a grant of equity (not a purchase or sale).

Key Details

• Transaction date: 2026-08-13 (filed 2026-08-14); transaction code A = award/grant.
• Number of shares granted: 6,032 shares at $0.00 per share (reported value $0).
• Shares owned after transaction: not specified in the provided filing.
• Vesting (per footnote F1): 1,508 shares vest on each of Sep 30, 2026; Dec 31, 2026; Mar 31, 2027; and Jun 30, 2027.
• No 10b5-1, tax-withholding, or late-filing indication in the provided details.

Context Equity awards to directors are common compensation to align interests with shareholders; because these shares vest over time, they are restricted until the noted vesting dates and are not an immediate open-market purchase. The filing appears to have been submitted promptly (filed the day after the transaction date).